Analyst Ratings for Loews Corp. (L)Updated: 2017-07-27
Loews Corp. (NYSE:L) was awarded an average rating of Hold from investment analysts following the stock. L had previously received a consensus rating of Hold a month ago.
5 analysts issued ratings on the stock, where 1 gave L a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for L. The most optimistic price target was 46, which equates to a potential upside of -4.41 percent. The most pessimistic analyst gave a price target of 45, implying a possible loss of -6.48 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.3 percent. The average change in earnings estimates over the last 90 days is -2.56 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.48 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of L's earnings is estimated by analysts to be 22.1 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. L has a PEG ratio of 0.87.
In the last 52-weeks, L has achieved a high of 48.59 and a low of 39.71. The current market price is above the trailing year's low by 21.18 percent, and 0.97 percent below the high. L has a price/earnings ratio of 19.17. Investors typically compare the P/E ratio to a company's peers in the industry. The L value stock report compares L to some of its peers using value stock charts. The stock has a market capitalization of $16.2 billion. L's next earnings release will be on 0000-00-00, which is days away.